World Bearing News
China: Wafangdian Bearing Group Co.,Ltd—“ZWZ” Was Asserted for China's Famous Trade Mark
Resource from: www.bearing.com.cn 08 Mar,2004


ZWZ—which belongs to Wafangdian Bearing Group Co.,Ltd, has been asserted for China's famous trade mark by China General Administration for Industry and Commerce recently.

2003, to Wafangdian Bearing Group Co., Ltd, achieved great success undoubtedly, one year not striding along, made domestic and international same trade one year that regarded with special esteems:

Income from sales increased 21% - 23% respectively total industrial output value, realize profit increase by 100% the whole year;

It developed new 600 kinds of products, transformed old 500 of products substitute the imported 150 kinds of product, freight train bearing market share increase 40%, market share of automobile bearing increases by 25% ;

Took the lead in passing ISO 14001 international environmental management system authentication in the same trade;

Five new achievements entered the new records of Chinese enterprises;
Established Ningbo Wazhou—Moshi Bearing Co.,Ltd with Moshi Group , Started the model that China's state-run large-scale bearing enterprise and enterprise run by the local people unite;

Won an immediate success at the International Bearing Exhibition of Shanghai 2003 with the image of" China Wazhou, No.1 Bearing", caused great sensation (Wazhou means bearing from Wafangdian Bearing Group Co., Ltd);
 
The group is implementing and moving forward" 4 project of acceleratings" and" 6 plan of doublings" all-snidely, In order to rank among ten strong ranks of bearing of world.

" four project of acceleratings" should just accelerate the property right system and run the reform in the way, Accelerate the adjustment of product structure, accelerate technological transformation and technological innovation, accelerate the marketing and serve networking. The group realizes crossing over type development, move towards strategy and policy and goal brilliant once again, it is the group that advances the fast-developing great task of the enterprise and historic turning too.

In the last few years, the group has carried on a series of high starting point, high levels and transformations with pertinence, made enterprises adapt to the market and met user's demands better fast. Not of world interest for Sanxia irrigation works, " 9910 projects" of the grand ceremony of the 50th anniversary of the founding of new China National Day, a lot of the project and China's railway is heavy while raising speed on the 01st of the China Millennium Altar project of Beijing and the Commission of Science, Technology and Industry for National Defence, the group succeed in and carry on product form a complete set, receive concern and the high evaluations of users both at home and abroad .

The conduct starts to be created in 1938,the group having the praise of Chinese bearing industrial cradle, there is very important status in the developing history of new China industry of the bearing, There are very brilliant experiences too.

At September 1949, at the time of emerging in the republic, regarded as the sole bearing manufacturing company, develop self-reliance, spirit of living plainly and struggle hard, succeed in developing the first set of industrial bearings of China taking 610 as code name, presented a generous gift for the birth of new China. After this, the first suit of rolling mill bearing, the first suit of nuclear industry bearings, the first trains wheels bearing, firsts the large-scale to follow emerge at the first ball guide screw, the first bearing for high accuracies for telescope. etc. were all born in the group.

Established the biggest joint venture of Chinese bearing industry in 1997 —Wafangdian Bearing Group Co., Ltd. Especially in recent years, the company adjusted through the economical operation state, tamped and manage the foundation, having improved running quality, the enormous change has taken place in people's mental attitude.

On the basis of this, the group has started " four accelerate works" and" six plans of doublings", making the simultaneous growth of the speed and quality, speed and benefit, enterprise demonstrate powerful developing state, keep not merely, and make this kind of situation expand progressively. This kind of change, has caused vibrations and concern of the domestic and international same trade and well-known trans-corporation of world too, Some trans-corporations come one after another, look for and cooperate with it.

Wang Lushun—president and CEO, says: "We are continuing advancing four to accelerate this strategy and policy of the project, by 2005, Realize income from sales, products volume of export, independent the variety, labor productivities, total profits - six goals who index doubleseses of intellectual property rights. By 2008, above-mentioned indexes double again."

(www.bearing.com.cn)
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